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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (2830)	11/24/1997 1:42:00 PM
From: Druss	Read Replies (1) \| Respond to of 4339

Taxi--My folks have been in mutuals for several years. The wrong ones for the first few years of the bull and doing well the last few. The CHPS I got them into was a small position for them but the quickest jump they ever got. They made the mistake of letting a broker manage their account for a while. He didn't churn it but he didn't acheive anything either. Just put them in the wrong mutual funds. I tried to put them in my best long choices, my sister went in with me on a couple and did well (up 50% in less than six months). My longs always tend to dip a couple of points before getting into the black and that dip and wait has kept my market reputation in the family as 'kind of knows what he is doing'. They were right I suppose, I should just buy long right at the bottom. I also sold too soon, clear signs of someone fumbling around. All the Best Druss Check your E-mail if you would.